Showing 1 - 10 of 20
When providing public goods through voluntary contributions, a donor may introduce unilateral matching in order to … reduce underprovision of the public good and thus inefficiency. By itself, however, matching benefits the donor but harms the …
Persistent link: https://www.econbiz.de/10010877815
favorable conditions for matching on the one hand, and for global collective decisions on the other hand. We establish …
Persistent link: https://www.econbiz.de/10010889986
This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are …. Search-matching externalities are amplified by the latter possibility and by the fact that some workers can simultaneously … receive a job offer from each region. The rest of the framework builds upon Moretti (2011). Increasing the matching …
Persistent link: https://www.econbiz.de/10011272629
Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of …
Persistent link: https://www.econbiz.de/10010546957
We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an external device, e.g., a coin flip. In a series of experiments the participants often choose lotteries between allocations, which contradicts most theories of choice such as...
Persistent link: https://www.econbiz.de/10010757728
inexperienced and can benefit from venture capital support. Only part of them succeed in matching with a venture capitalist while …
Persistent link: https://www.econbiz.de/10005766013
model the principal-agent economy as a two-sided matching game and characterise the set of stable outcomes of this principal …-agent matching market. A simple mechanism to implement the set of stable outcomes is proposed. Finally, we put forward examples of …
Persistent link: https://www.econbiz.de/10005766124
This paper examines the effect of taxes on the individuals’ choices of educational direction, and thus on the economy’s skill composition. A proportional labour income tax induces too many workers with high innate ability to choose an educational type with high consumption value and low...
Persistent link: https://www.econbiz.de/10005766172
two-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers search for jobs …
Persistent link: https://www.econbiz.de/10005766198
This paper uses a new data set on domestic child adoption to document the preferences of potential adoptive parents over born and unborn babies relinquished for adoption by their birth mothers. We show that adoptive parents exhibit significant biases in favor of girls and against...
Persistent link: https://www.econbiz.de/10008534002